Life Cover

Life Assurance pays out a cash amount upon the death of the policyholder. The amount paid out will vary depending on the options chosen for your cover and will either be a pre-agreed fixed amount or a decreasing amount designed to cover mortgages or liabilities.

Life Assurance is usually taken to ensure that your family could, if you were to die, pay off any outstanding mortgages or debts, pay for your funeral and maintain a good standard of living similar to that which they experienced before your death